Over a quarter of Americans said that they skipped some form of medical care in 2023 because they could not afford it, according to a new report from the U.S. Federal Reserve.
The central bank said in its latest Economic Well-Being of U.S. Households report that the likelihood of someone skipping medical care was strongly tied to their family income and health insurance coverage.
Every year since 2013 the Federal Reserve has been surveying Americans to gauge on how they are faring financially. This latest survey, designed to be nationally representative of adults 18 and older, was conducted during the fourth quarter of 2023 and involved 11,400 respondents.
According to the survey,…
